The company, dealing with retail financing, borrowed Rs 5.40 billion and extended loan of Rs 5.62 billion during the period. Through this, the company earned Rs 42.4 million net interest income in the review period.
Although the company increased its staff expenses by 20 percent, growth in its interest income improved its income. The company that maintained zero bad debt ratio kept Rs 1.1 million in provision for possible losses.
In the review period, the company raised its paid-up capital to Rs 684.3 million by distributing 17 percent bonus share. It maintained Rs 134.9 million in reserve fund compared to Rs 121.2 million of the review period of the last FY.
The company has EPS of Rs 13.41, net worth per share of Rs 116.85 and P/E ratio of 23.20 times.
